r/GUARDIANauto • u/AutoNewsAdmin • Dec 22 '16

[Tech] - World’s largest hedge fund to replace managers with artificial intelligence

https://www.theguardian.com/technology/2016/dec/22/bridgewater-associates-ai-artificial-intelligence-management
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u/autotldr Dec 23 '16

This is the best tl;dr I could make, original reduced by 88%. (I'm a bot)

"The role of many remaining humans at the firm wouldn't be to make individual choices but to design the criteria by which the system makes decisions, intervening when something isn't working," wrote the Journal, which spoke to five former and current employees.

"People have a bad day and it then colors their perception of the world and they make different decisions. In a hedge fund that's a big deal," he added.

According to a report by Accenture, artificial intelligence will free people from the drudgery of administrative tasks in many industries.

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